Retirement plan

DAVE'S SUPERMARKET, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: DAVES SUPERMARKET, INC. - DAVE'S SUPERMARKET, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: DAVES SUPERMARKET, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVE'S SUPERMARKET, INC. 401(K) PROFIT SHARING PLAN AND TRUST, DAVES SUPERMARKET, INC.

DAVES SUPERMARKET, INC.EIN 34-0841586Plan #003PY 2024

P.O. BOX 228000 - CLEVELAND, OH 44122216-391-0414LinkedIn51-200 employeespackaging and containers

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$8M

+19.2% from 2023

Total participants

138

+9.5% from 2023

Average account balance

$84,318

+20.4% from 2023

Annual return

15.52%

+15.50 pp from 2023

Benchmarks

See 9,334 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,334 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$8.97M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$94K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

106.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$446K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+9.53%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2593

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$126K

$1360 / participant

Other / not subdivided$126K100.0%

% of EOY assets

1.578%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,318

$71,215+18.4%

$93,696-10.0%

$80,935+4.2%

Participation rate

53.8%

60.4%-6.6pp

68.7%-15.0pp

67.7%-13.9pp

Annual return

15.52%

11.27%+4.2pp

133.74%-118.2pp

35.66%-20.1pp

Employer contribution / active EE

$1,223

$1,565-21.8%

$2,422-49.5%

$2,757-55.6%

Participant deferral / active EE

$2,790

$4,037-30.9%

$4,417-36.8%

$4,299-35.1%

Admin fee / account holder

$1,331

$6,958-80.9%

$8,287-83.9%

$6,924-80.8%

DAVE'S SUPERMARKET, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVE'S SUPERMARKET, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion